In response to certified questions from the U.S. Court of Appeals for the Ninth Circuit, the Nevada Supreme Court recently held that: (1) an action seeking to determine the validity of a homeowners association lien under NRS 40.010 is subject to NRS 11.220’s four-year statute of limitations; (2) the four-year statute of limitations does not begin to run until the titleholder “affirmatively repudiates” the lien; and (3) a homeowners association’s foreclosure sale, standing alone, does not trigger the applicable four-year statute of limitations. Read the entire article……………………………….
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November 7, 2019
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